Mr. Dusan Berka reports

MADORO IS SADDENED TO ANNOUNCE THE PASSING OF MR. DAVID M. JONES

Madoro Metals Corp. manager of exploration and director David M. Jones has passed away. Mr. Jones had over 40 years of experience as a geologist, with a particular focus on Mexico, where his work successfully led to the discovery of several mines. It was on the basis of Mr. Jones's work that led to Madoro's original optioning and advancement of its properties in Oaxaca, Mexico. On behalf of the entire Madoro team, the company wants to extend its deepest sympathies to Mr. Jones's wife and family.

"David's passing will be a loss on the entire industry," said Dusan Berka, chief executive officer of Madoro Metals. "Over David's 40-plus-year career, he was extremely successful, with several mines having been discovered and developed based on his work. Aside from tremendous knowledge, David brought with him passion, energy and drive, and he will be greatly missed by those who had the good fortune of knowing and working with him."

Corporately, Madoro is committed to progressing the exploration work on its Mexican properties. The accumulated land package was based on some of Mr. Jones's geological theories and showed considerable promise as he, and the Madoro geological team, systematically advanced the properties. The company will look to ensure the continuity of his work, and the projects will be advanced by those who worked with Mr. Jones for many years and shared in the success of previous findings.

About Madoro Metals Corp.

Madoro is a Mexico-focused precious metal company actively engaged in the exploration and development of three gold-silver projects in the state of Oaxaca, Mexico. The Yautepec, Magdalena and Rama de Oro projects consist of large epithermal systems that are highly prospective for precious metals in structural and geological settings like those of nearby producing mines. Systematic exploration has advanced two of the projects toward drilling, with the intention of discovering an economic mineral deposit.

We seek Safe Harbor.